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Trade and Economy
Investment Funds Wait For Tax Preference
15:38 | 17/05
Fund management companies said they are waiting for some tax preferences as it is hard for them to raise funds partly due to market difficulties and partly due to no tax intensive, and it is not attractive as deposit money at banks.
Vietnam Sets Salary Cap of $1,800/Month for Leaders of State-Owned Enterprises
Vietnam Sets Salary Cap of $1,800/Month for Leaders of State-Owned Enterprises
15:37 | 17/05
VINPA Proposes to Remove Petroleum Price Stabilization Fund
The Vietnam Petroleum Association (VINPA) on May 17 proposed two options for petroleum price stabilization fund, including closing the fund at a meeting to discuss ways to adjust and supplement Decision No 84/2009/NĐ-CP.
15:36 | 17/05
Vietnam Milk Sector Sees High Growth Rate: Report
Vietnam’s milk sector saw 19% increase in production and 22% in revenue in the year to March 2013, report by Nielsen on May 16 showed.
15:35 | 17/05
May 17: Vietnam Central Bank Sets Dollar Unchanged At VND20,828; Bank Rates Rise Further
The State Bank of Vietnam, the country’s central bank today set the exchange rate for the U.S. dollar at VND20,828, unchanged for 16 months, banks’ rates and free market rates were higher for a second day.
15:34 | 17/05
May 17: Vietnam Gold Mixed, Bid-Ask Spread Narrow
Vietnam gold prices were almost unmoved today after hitting 4 week low despite global market fell.
15:30 | 17/05
FDI Sector Continues Robust Export Growth
HANOI – Regardless of economic difficulties, foreign investment enterprises (FIEs) have constantly posted strong export growth, with year-on-year growth of 31.1% in 2012 and 21.1% in the first quarter this year.
14:23 | 17/05
Two Urgent Tasks to Rescue Economy
Two urgent tasks were given in the report on socioeconomic performance in January-April delivered at the 18th meeting of the Standing Committee of the National Assembly (NA) on Tuesday in a bid to prop up the economy.
14:22 | 17/05
Japanese investors keen on service sector
HCMC – A group of Japanese enterprises operating in the service sector on Tuesday met Vietnamese firms to sound out investment and business opportunities.
14:21 | 17/05
Vietnam’s Medium-Term GDP Grows 6.5%: Ernst & Young
HCMC - Ernst & Young, a global assurance, tax and advisory services firm, has forecast Vietnam’s average gross domestic product will grow at least 6.5% between 2013 and 2016.
14:21 | 17/05
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Other News  
Nutrition Industry Grows Well: Nielsen
Market for Children’s Goods, Services Exceeds US$5 Bil./Year
Views Differ over Financial Supervision Role
Cashew Products Head to U.S. Stores
Drink Firms Hit by Foreign Rivals
Rates, Risk Keys to Micro-Finance
Vinacomin Claims End to Nhon Co Bauxite Project Would Cause Major Losses
Electronics Sector Strives to Attract FDI
DHL Invests US$13 Million in Vietnam Supply Chain
Australia Pledges 3.3 Trillion VND in ODA to Vietnam
 
Highlights  
Many Banks Cut Jobs in Q1
18,000 Gold Taels Unsold in May 17 Auction
Gold Demand in Vietnam Declines by 17% in Jan-Mar: WGC
Interbank Trading Dong -46%, Dollar -39% in Week Ending May 10
PRESS DIGEST - Vietnam - May 17
 
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